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Focusing on four types of derivatives, this seminar paper analyzes their characteristics and operations to understand the 2007-2008 financial crisis. It defines credit default swaps and explores their connection to the crisis, while also discussing government policies aimed at regulating derivatives in the financial market. The paper concludes with an examination of the advantages and disadvantages of derivatives, providing a comprehensive overview of their impact on the economy during a critical period.
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Derivatives. Curse or Blessing?, Hong Hanh Tran
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- Année de publication
- 2018
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